Mojority of pharmaceutical franchise companies work without
having future vision. They come with their sales target and expansion. But
don’t have any working plan or vision — how to grow along with their
associates or Franchise. Not having exact vision to expand
business is major thing that are stopping from becoming big player. For
most of companies vision section is restricted to website
purpose only.

Lack of Initiative:

Pharma Franchise Companies follow same path as their
competitors are doing. Very few companies have capability to take initiative
and do something different. For doing big, one has to think big. Experiments
and risk is necessary in business to expand.

Lack of Innovation:

Mostly Pharma Franchise Companies aren’t involved in
research and innovation. They follow Multi-Nation company’s steps and their
policies.

Shortage of
resources:

Small franchise companies have less resources and funds.
Lacking in proper utilization of these resources also play great role. Shortage
of resources and fund put Pharma Franchise Companies at setback.

Unprofessional or
poor services:

Shortage of raw material, finished goods and not having
proper or qualified staff for particular work causes unprofessionalism and
leads to poor services.

Updating itself is life saver for any business and that is
also applicable for pharmaceutical sector. Most of PCD companies have products
that will be in every company product list. Most of companies don’t try to
update their product list. Instead they concentrate to launch their new
division with same products.

Saturation:

Most of PCD companies are proprietor base. After achieving a
goal, they start to play safe game, become saturated and try to resist the risk
factors that are basis of growth.

Not having Expansion
Plan:

Most of PCD companies don’t have their expansion plan. PCD
Company’s only try to launch their divisions but don’t focus at their
expansion. Having more divisions are not the criteria for any company but
having Big Brand value matter the most.

Work Culture:

Pharma Franchise Companies (PCD) don’t have good work culture.
They treat their employees as Run Machine. They don’t fulfill their employee’s
requirements. That’s the main reason – for not getting loyal and faithful
employees.

These are only few but essential for becoming future giants.
Big Names are started with single alphabet. To do big, we have to be big.
Customer is God for any business. Customer Satisfaction should be first motive
for all.

Hope above article is helpful to you….

Mail us at pharmafranchiseehelp@gmail.com or write us at
contact box Related Articles: